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Steve Lucas of 3cAnalysis is looking to short AUDUSD. He says that he wants to sell into any bounce at just below Friday’s 0.7560 low.
Lucas' stop on the trade is at Monday’s 0.7608 high and his targets are to the 50% Fibonacci at 0.7408 and 0.7346, the 62% correction.
FULL DISCLAIMER
NOTIFICATION ON NON-INDEPENDENT INVESTMENT RESEARCH AND RISK WARNING
02:34 minutes
Tags: audusd, currency, currency pairs, currency trading, forex, kiwi, saxotradergo, short, steve lucas 3c analysis, tradingfloor.com saxo bank